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Lamborghini Enters the World of Non-Fungible Tokens (NFTs)

After a string of social media posts that hinted at it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Space Key was developed in collaboration with an unidentified artist and based on the latest carbon fiber composite materials that were shipped to the International Space Station as research material, is a project that has been announced by Lamborghini.

Created in collaboration with NFT PRO(tm)

Italian supercar maker Lamborghini is looking to dip its toes into the world of non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a work that was created in collaboration with a unknown artist. The one-of-a-kind NFT is a physical object that has a link to exclusive digital artwork, accessible via an QR code printed on the back. The project is limited to five pieces and will be auctioned off in the coming weeks.

The Space Key is made of a carbon composite material that Lamborghini, as part of a research project in 2019, sent to the International Space Station. After it returned to Earth the carbon fiber was then sculpted into this unique art. The physical element has an NFT serial code that links to the digital artwork through a QR code located on the back.

For those not in the aware, NFTs are unique identification numbers that are stored on a distributed blockchain ledger and tied to digital assets such as a picture, video or any other recording. This lets owners ensure the authenticity, scarcity, and trackability of their tokens over the internet.

Working with NFT PRO White-label NFT solution for companies, Lamborghini is taking this unique approach to art to the next level. Over the next few weeks Lamborghini will be sharing details about this exciting project including the name of the unknown artist as well as a timeline for the auction.

The physical element of Space Key

After numerous social media posts hinting at something space-related, the Italian supercar maker lamborghini huracan key launched its non-fungible (NFT) tokens through an exclusive project named Space Key. The NFT was developed in collaboration with an unknown artist and will go on auction within a couple of weeks. The core of the NFT is a piece made of carbon fiber composite material that was sent to the International Space Station (ISS) in the year 2019 as part of an experiment. The carbon fiber has been 3D printed to form the base of each Space Key, which is linked with an exclusive, digital artwork using the QR code printed on the back of the petron Key to Lamborghini. Only five Space Keys were produced.

NFTs are unique IDs that can be logged in distributed ledgers, like the Blockchain, and linked to digital assets such as images. They're a hot topic for those who have more money than sense It was just a matter time before an automaker decided to cash in on the trend.

Space Key consists of five units. It was constructed with a physical part of the carbon fiber composite which was delivered to the ISS in the year 2019. Each NFT will be connected to an exclusive digital artwork created by the same artist via a QR code printed on the back of the carbon fiber piece. More details will be revealed in the coming days and weeks including the name of the artist along with the digital artwork and how to purchase one of the five Space Keys.

The digital artwork

After weeks of social-media posts hinting at it, the luxury automobile maker lamborghini countach key finally announced its first initiative for tokens that are non-fungible (NFT). The Space key lamborghini aventador is a collection of five items that will unlock a special digital art by an unknown artist. The "collectors' piece" was created in collaboration with NFTPRO(tm) and is limited to five units. It will be auctioned off soon.

At the heart of each Space Key is a block of advanced carbon fire composite material, which was sent to the International Space Station in 2019 as part of a research project. After returning to Earth the Space Key was stamped with a QR code, which connects it to the digital component of the Space Key.

Each of the five Space Keys will feature a distinct moment that happens seconds apart as the Lamborghini Ultimae lifts off toward the stars. Over 600 million pixels up each of the five images, that were taken by photographer Fabian Oefner.

Oefner used an inflatable camera equipped with lenses to capture the individual images, which were later assembled into the final photograph. The result is an image that is out of this world. It captures both the beauty of Earth and the futuristic, hyperrealistic view of a car rising away from the Earth. The Space Keys are going to be auctioned soon, but there is no specific date or time yet.

The auction

With the slogan "to the moon', the prestigious automobile manufacturer Lamborghini has entered the world of non-fungible tokens (NFT) with a captivating project developed in collaboration with NFT PRO(tm). The Space Key is essentially an NFT that has carbon fiber composite material which actually traveled to the International Space Station in 2019 for research purposes. The actual sample has been transformed into five unique items that each link to exclusive and purely digital artworks created by an as-yet unidentified artist through the QR code printed on their backs.

The auctions, which be held between February 1 and February 4, will last for 75 hours and 50 minutes - the same amount of time it took Apollo 11 to leave Earth and enter lunar orbit. By signing up online, you will be able to bid on five NFTs. Each will be sold by itself and the winner will be awarded a digital artwork designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight in space.

The full details of the Space Key and its accompanying digital artworks will be announced over the next weeks, including the identity of the unidentified artist, as well as details on how to purchase these extraordinary creations. Stay tuned to Lamborghini's Instagram for all the info you need!